Meanwhile, the ASX 200 Index drifted 0.73% lower to finish at 8,764.2 points on Friday.

Economic data released last week suggests the Reserve Bank (RBA) may keep interest rates on hold for a while.

Unemployment fell 0.1% to to 4.4% and annual inflation dropped 0.2% to 4% in May, according to the Bureau of Statistics.

Commonwealth Bank of Australia (ASX: CBA) economist Ashwin Clarke said a 1.3% increase in household spending last month "surprised markets to the upside".

Analysts are pricing in an 81% chance that the RBA will keep interest rates on hold at the next meeting on 11 August.

This is why ASX 200 retail shares outperformed their peers last week.

Let's take a look at some individual company performances.

Consumer discretionary shares led the ASX sectors last week

The Wesfarmers Ltd (ASX: WES) share price rose 5.81% to finish at $90.74 on Friday.

Shares in gaming technology company Aristocrat Leisure Ltd (ASX: ALL) lifted 6.81% to $58.69.

The Lottery Corporation Ltd (ASX: TLC) share price rose 1.26% to $5.63.

The JB Hi-Fi Ltd (ASX: JBH) share price ascended 4.98% to $81.84 on Friday.

Guzman Y Gomez Ltd (ASX: GYG) shares increased 7.42% to $20.27.

Temple & Webster Group Ltd (ASX: TPW) shares ripped 8.64% to $6.16.

The Harvey Norman Holdings Ltd (ASX: HVN) share price rose 1.04% to $4.88.

Super Retail Group Ltd (ASX: SUL) shares finished the week steady at $13.12.

ASX 200 travel share Flight Centre Travel Group Ltd (ASX: FLT) managed a 0.52% lift to $11.99.

Shares in Premier Investments Ltd (ASX: PMV) rose 2.45% to $14.65.

Myer Holdings Ltd (ASX: MYR) shares rose 6.9% to close the week at 31 cents per share.

The Breville Group Ltd (ASX: BRG) share price inched 0.38% ahead to $31.43.

Not all ASX 200 retail shares followed the trend.

The Light & Wonder Inc (ASX: LNW) share price tumbled 13.68% to $110.78.

Eagers Automotive Ltd (ASX: APE) shares dropped 4.5% to $21.43 apiece.

Lovisa Holdings Ltd (ASX: LOV) shares eased 0.68% to $23.25.

ASX 200 market sector snapshot

Here's how the 11 market sectors stacked up last week, according to CommSec data.

Over the five trading days:

The post ASX 200 retail shares outperform on growing hopes interest rates have peaked appeared first on The Motley Fool Australia.

Let's see if the broker is bullish, bearish, or something in between on these names. Here's what it is saying:

Domino's Pizza Enterprises Ltd (ASX: DMP)

Morgans highlights that trading conditions have been tougher than it expected for this pizza chain operator.

In response, the broker has downgraded Domino's shares to a hold rating (from buy) with a reduced price target of $17.60 (from $25.00). It said:

The trading environment for DMP has become more challenging than previously assumed, and we have updated our forecasts to reflect a weaker SSS (same-store-sales) outlook across all three regions, compounding cost pressures on ANZ franchisee economics, and a more adverse FX environment in Japan.

The earnings recovery, albeit modest, remains on track but it is entirely cost-driven; there is no volume improvement embedded in our numbers until outer years. We move to a HOLD rating until there is evidence of further cost management and SSS recovery. We reduce our price target to A$17.60 from A$25.00.

Super Retail Group Ltd (ASX: SUL)

The broker has been looking at this retail conglomerate's investor day update. While it left the event feeling encouraged, it isn't enough for a buy rating, especially in the tough consumer backdrop.

Morgans has retained its hold rating on Super Retail's shares with an improved price target of $12.30. It said:

SUL's Investor Day contained limited surprises, with the group setting out FY31 network targets as it looks to organically grow share (via network growth ~3% pa, and category/service expansion) and optimise the business (ERP/supply chains).

We left SUL's Investor Day encouraged by the clarity of the long-term organic growth strategy and the renewed management team tasked to execute. However, with valuation near our revised A$12.30ps price target, a softer consumer backdrop and lingering competitive pressures, we retain our Hold recommendation.

Symal Group Ltd (ASX: SYL)

Another ASX share that Morgans has been looking at is public and private infrastructure services company Symal.

Morgans is positive on the company and believes it is well-positioned to capture an increasing share of its total addressable market.

As a result, the broker has retained its buy rating and $3.35 price target on its shares. It commented:

In this note, we update our forecasts to better reflect the timing of recent acquisition settlements, along with an anticipated increase in D&A and interest expenses. While incrementally positive for FY27/28 EBITDA, the higher D&A sees our underlying NPAT decline by mid-single digits. From a valuation perspective, the roll-forward of the valuation date offsets the impact of lower earnings.

More broadly, our investment theme remains intact, with SYL forecast to capture an increasing share of the total addressable market across the key verticals of infrastructure, digital, energy and defence. Supported by additional M&A, the business could deliver early on its FY30 aspirational EBITDA target of $200m. On this basis, we reiterate our BUY recommendation, with a $3.35/sh price target.

The post Buy, hold, sell: Domino's, Super Retail, and Symal shares appeared first on The Motley Fool Australia.

Consumer staples shares weren't far behind, surging 7.62%.

Meanwhile, the S&P/ASX 200 Index (ASX: XJO) rose 2.07% to 8,804 points by Friday's close.

Experts are now predicting an eventual cut for interest rates due to crumbling consumer confidence and low GDP growth.

Consumer sentiment fell in May to one of its weakest levels ever in the 50-year history of the benchmark monthly survey.

Softer-than-expected inflation also enhances the case for rates to be kept on hold or cut at some point.

Annual headline inflation fell to 4.2% in April, down from 4.6% in March, according to Bureau of Statistics figures.

On Friday, the ASX 200 rallied 1.98% after US President Donald Trump said a peace deal with Iran could be reached this weekend.

This would likely lead to the reopening of the Strait of Hormuz, a vital shipping route that carries 20% of the world's oil and gas.

The ongoing oil shock has contributed to resurgent inflation and three interest rate increases in Australia this year.

The Reserve Bank will announce the next interest rate decision on Tuesday.

It may seem counterintuitive that signs of economic weakness boosted ASX 200 retail shares last week.

But remember, share markets tend to look six to 12 months into the future.

Thus, economic weakness today is pushing retail stocks up as investors anticipate a greater likelihood of interest rate cuts.

Let's see how some individual retail stocks performed last week.

Consumer discretionary shares led the ASX sectors last week

The Wesfarmers Ltd (ASX: WES) share price leapt 9.55% over the short trading week to finish at $86.47.

Shares in gaming technology company Aristocrat Leisure Ltd (ASX: ALL) rose 5.07% to $53.91.

The Lottery Corporation Ltd (ASX: TLC) share price soared 8.81% to $5.68.

The Light & Wonder Inc (ASX: LNW) share price ripped 9.8% higher to $127.26.

JB Hi-Fi Ltd (ASX: JBH) shares ascended 7.6% to finish the week at $77.24.

The Harvey Norman Holdings Ltd (ASX: HVN) share price increased 7.88% to $4.79.

Temple & Webster Group Ltd (ASX: TPW) shares soared 13.09% to $5.27.

The Nick Scali Limited (ASX: NCK) share price rocketed 11.71% to $15.46.

Eagers Automotive Ltd (ASX: APE) shares rose 7.06% to $22.29.

The Super Retail Group Ltd (ASX: SUL) share price lifted 8.39% to $12.27.

Lovisa Holdings Ltd (ASX: LOV) shares surged 8.66% to $22.20 apiece.

ASX 200 travel share Flight Centre Travel Group Ltd (ASX: FLT) edged 0.36% higher to $11.07.

The Guzman Y Gomez Ltd (ASX: GYG) share price lifted 3.63% to $19.40.

ASX 200 market sector snapshot

Here's how the 11 market sectors stacked up last week, according to CommSec data.

Over the shortened trading week:

The post Why did ASX 200 retail shares outperform last week? appeared first on The Motley Fool Australia.

Here's what's been stoking investor interest this week.

Super Retail Group Ltd (ASX: SUL)

Super Retail shares closed last Friday trading for $11.32. At the time of writing, shares are changing hands for $12.42. That sees this ASX 200 stock up 9.7% for the week.

The ASX retail giant, whose brands include Supercheap Auto, Macpac, Rebel, and BCF, has finished in the green every day this week.

On Thursday, the company made financial headlines following the release of its new five-year growth strategy.

The company is aiming to increase its store numbers from 790 to more than 900 by 2031.

"Our new group strategy puts the customer at the centre of everything we do as we build our business for its next phase of growth," Super Retail CEO Paul Bradshaw said.

"This will require deliberate short-term investments in our systems and unlock a sustainable cost advantage over time," he added.

Super Retail expects the transformation project to cost around $30 million a year for the next three years.

Lendlease Group (ASX: LLC)

The second ASX 200 stock racing higher this week on big news is property developer and investment manager Lendlease.

Lendlease shares closed last Friday trading for $2.46 and are currently swapping hands for $2.84 each. This sees the Lendlease share price up 15.5% for the week.

Lendlease shares have finished in the green every day this week and closed up 4.6% on Thursday following a major leadership announcement.

The company revealed that Tony Lombardo will step down from the top role before the end of the month. Nick O'Neil will take over as CEO and managing director starting on 10 September.

Currently the head of Australian Real Assets at Australian Super, O'Neil has more than 25 years of experience across corporate and investment strategy, M&A, governance, capital markets, and real asset management.

Lendlease also reaffirmed its full-year FY 2026 earnings guidance for its IDC business at 28 cents to 34 cents per share.

Which brings us to…

ASX 200 stock Steadfast Group Ltd (ASX: SDF) leads the pack

Leading the pack higher this week is insurance brokerage company Steadfast Group.

Steadfast shares closed last week at $3.96 and are currently trading for $5.23 each. That puts this ASX 200 stock up an impressive 32.1% over four trading days.

Steadfast shares closed up 36.2% on Wednesday, after the company announced that it had received a conditional, non-binding, and indicative takeover offer from Amwins and Dragoneer.

The consortium is seeking to acquire 100% of Steadfast's shares for $6 a share. That represents a 51.9% premium to Steadfast's closing price on Tuesday.

The post 3 ASX 200 stocks leaping higher this week on big announcements appeared first on The Motley Fool Australia.

Four ASX shares that are not letting that hold them back are named below. Here's why they are rising:

Lendlease Group (ASX: LLC)

The Lendlease share price is up over 2% to $2.68. This follows the announcement of its new CEO and the release of a trading update. With respect to the latter, Lendlease reaffirmed its Investments, Development and Construction segment FY 2026 earnings per share guidance of 28 cents to 34 cents. This is subject to targeted completions. In addition, it revealed that underlying group gearing is expected in the mid-30% range. Earlier in the day, the company revealed that Nick O'Neil will become its new CEO from 10 September. Lendlease chair, John Gillam, said: "With our strategy reset, portfolio simplification and foundations firmly in place, Nick is ideally positioned to lead the next phase of revitalising and strengthening Lendlease. He brings deep real asset management experience, a strong track record in global investment and innovation in aligning capital to market opportunities, as well as the leadership experience needed to drive execution and growth."

Meteoric Resources NL (ASX: MEI)

The Meteoric Resources share price is up 7% to 15.5 cents. This morning, the rare earths developer released an update on its Caldeira Rare Earth Project in Brazil. It revealed that its pilot plant achieved outstanding MREO recoveries of 80% during May. Meteoric's managing director and CEO, Stuart Gale, said: "Results from our first five months of Pilot Plant operation have been excellent and exceed our expectations. It has validated the investment Meteoric has made in metallurgical and process testwork, along with the assumptions made in our studies to date."

Super Retail Group Ltd (ASX: SUL)

The Super Retail share price is up 1.5% to $12.44. This follows the unveiling of a new strategy from the retail conglomerate this morning. Super Retail's new strategy outlines how it intends to capture a greater share of its $65 billion addressable market opportunity across automotive, sport, and outdoor. This will be through growth in its core categories and expansion into adjacent categories within those markets. The company's CEO, Paul Bradshaw, said: "Our new Group Strategy puts the customer at the centre of everything we do as we build our business for its next phase of growth. We are determined to be closer to our customers than ever before – understanding and meeting their needs as they continue to evolve. Together, our four brands capture $4 billion of a $65 billion market opportunity in Australia and New Zealand. We have an incredible opportunity to pursue growth across our core auto, sport and outdoor markets, both in traditional and adjacent categories."

Woodside Energy Group Ltd (ASX: WDS)

The Woodside Energy share price is up 1.5% to $31.53. Investors have been buying the energy giant's shares after oil prices jumped in response to an escalation in tensions in the Middle East. The S&P/ASX 200 Energy index is up 1.5% at the time of writing.

The post Why Lendlease, Meteoric Resources, Super Retail, and Woodside shares are rising today appeared first on The Motley Fool Australia.

At the time of writing, the ASX 200 stock is up 3% to $12.62.

Why is this ASX 200 stock charging higher?

Investors have been buying the retail conglomerate's shares after its release of a new group strategy went down well with the market/ was overshadowed by a selloff on Wall Street overnight which has spread to the local bourse.

The ASX 200 stock's new strategy outlines how it intends to capture a greater share of its $65 billion addressable market opportunity across automotive, sport, and outdoor through growth in its core categories and expansion into adjacent categories within those markets.

New strategy

There are four key drivers of brand growth within the strategy.

The first aims to expand Supercheap Auto's range to capture more of the brands that its customers want. This includes a focus on meeting future demand created through growth in electric vehicles.

Supercheap Auto plans to introduce new store formats and extend fitment capabilities to a broader range of existing products.

Another is a step change in growth for rebel's store network with a stronger focus on regional opportunities. It will also double down on range optimisation and a relentless focus on owning sport.

Another initiative will see the ASX 200 stock extend BCF's roll out of superstores, as well as new large-format stores, and unlocking access to the 4WD market through fitment.

The final initiative will be the ongoing growth of Macpac's store network, increasing its brand awareness in Australia, and a continued focus on technical product innovation.

The company notes that this means the store portfolio is planned to increase from 790 stores to over 900 stores by 2031, focusing on opportunities in underrepresented regional areas, new formats and fitment alongside increased online penetration.

This will be supported by a disciplined store renewal program, optimising store space, expanding the offer in key locations and online. It also expects the increased store footprint to enable the accelerated growth of the brands omni-channel offers, expanding the customer reach for click and collect.

'Significant transformation'

Super Retail Group's managing director and CEO, Paul Bradshaw, appears very positive on the new strategy. He said:

Our new Group Strategy puts the customer at the centre of everything we do as we build our business for its next phase of growth. We are determined to be closer to our customers than ever before – understanding and meeting their needs as they continue to evolve. Together, our four brands capture $4 billion of a $65 billion market opportunity in Australia and New Zealand. We have an incredible opportunity to pursue growth across our core auto, sport and outdoor markets, both in traditional and adjacent categories.

Our 13 million active club members account for 85% of our sales and these deep customer relationships are a clear competitive advantage. Our strategy focuses on building businesses that best serve our customers and their communities through range, store format, brand networks and fitment, and importantly meeting them where and how they shop. We have launched a significant transformation program to help power this growth. This will require deliberate short-term investments in our systems and unlock a sustainable cost advantage over time.

The post Guess which ASX 200 stock is avoiding the selloff and charging higher on big news appeared first on The Motley Fool Australia.

What did Super Retail Group report?

• Unveiled a five-year plan to grow across its auto, sport, and outdoor businesses
• Set targets to expand store numbers from 790 to over 900 by 2031
• Announced the Ignite program, aiming for around $75 million in annual cost savings by FY29
• Annual capital expenditure forecast at approximately $150 million
• Transformation project expected to cost $30 million per year for the next three years

What else do investors need to know?

Super Retail Group is focusing on expanding Supercheap Auto's product range, particularly to capture growth in electric vehicles and introduce new store formats. Its rebel brand is set for increased regional expansion and "owning sport," while BCF will push into the 4WD market and open more large-format stores.

The Macpac brand will keep growing its network and building recognition in Australia, with a focus on high-tech product innovation. Group-wide, these moves will lift Super Retail Group's store and online presence, helping reach more customers through omni-channel initiatives such as click and collect.

What did Super Retail Group management say?

Managing Director and Chief Executive Officer Paul Bradshaw said:

Our new Group Strategy puts the customer at the centre of everything we do as we build our business for its next phase of growth… We have launched a significant transformation program to help power this growth. This will require deliberate short-term investments in our systems and unlock a sustainable cost advantage over time.

What's next for Super Retail Group?

Looking ahead, Super Retail Group plans to fund its strategic investments within its existing capital expenditure envelope, keeping project costs disciplined. Management anticipates the Ignite program will both modernise workflows and drive operational savings to reinvest in further growth.

Investors can expect the Group to focus on scaling its brands and deepening customer engagement across both physical stores and online, with particular attention to underrepresented regions and new store formats.

Super Retail Group share price snapshot

Over the past 12 months, Super Retail shares have declined 16%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 1% over the same period.

View Original Announcement

The post Super Retail Group outlines 5-year growth strategy and transformation plans appeared first on The Motley Fool Australia.

It was a bit of a wild session for the ASX 200 today, with the index dipping into the red at one point. But investors regained their optimism, and the index finished 0.57% higher at 8,653.3 points.

This successful session for Australian investors comes after a mixed night on the American markets.

The Dow Jones Industrial Average Index (DJX: .DJI) fared decently, rising by 0.17%.

However, the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) went the other way, dropping a chunky 0.97%.

But let's return to the local markets now and dive a little deeper into what the different ASX sectors were up to today.

Winners and losers

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

There are plenty of ASX dividend stocks across retail, property, infrastructure, consumer staples, and agriculture that could help generate income over time.

Here are five ASX dividend stocks that could be worth a closer look.

Elders Ltd (ASX: ELD)

Elders could be an ASX dividend stock to buy. It is one of Australia's best-known agribusinesses, providing services across rural products, livestock, real estate, financial services, and agency operations.

Its earnings can move with seasonal conditions and farmer confidence, so it is not a defensive dividend stock in the traditional sense. But agriculture remains essential, and Elders has a long-established position in rural Australia.

For income investors willing to accept some cyclicality, it could offer exposure to a sector that is very different from banks, miners, and retailers.

HomeCo Daily Needs REIT (ASX: HDN)

Another ASX dividend stock that could be worth a look is HomeCo Daily Needs REIT.

This property trust owns assets focused on regular household spending and essential services. Its tenants include supermarkets, pharmacies, health services, childcare operators, and large-format retailers.

That tenant mix can make the trust more resilient than property assets tied heavily to discretionary shopping or office demand.

Interest rates and property valuations remain risks. But its focus on convenience and daily needs could support a steady distribution profile for passive income investors.

Super Retail Group Ltd (ASX: SUL)

A third ASX dividend stock to consider is retail conglomerate Super Retail.

It owns brands including Supercheap Auto, Rebel, BCF, and Macpac. This gives it exposure to auto parts, sporting goods, outdoor leisure, and adventure categories.

Retail conditions can be mixed when households are under pressure. But Super Retail has built strong brands in categories where customers can be loyal and repeat purchases matter.  In addition, its scale, store network, and membership programs help support the business.

If Super Retail continues managing costs and inventory well, it could be well-placed to continue rewarding shareholders with big dividends.

Transurban Group (ASX: TCL)

A fourth ASX dividend stock for income investors to consider is Transurban.

It is a toll road operator with assets across major cities in Australia and North America. This includes CityLink in Melbourne, Cross City Tunnel in Sydney, and AirportlinkM7 in Brisbane.

That gives the company a strong position. In many cases, its roads are important parts of daily transport networks, helping people get to work, school, airports, and key business areas.

This can support steady cash flow over time. And that cash flow helps fund the distributions that passive income investors look for.

Woolworths Group Ltd (ASX: WOW)

A final ASX dividend stock to look at is Woolworths.

It is one of Australia's most defensive consumer businesses, with its supermarkets serving millions of shoppers each week.

Groceries and household essentials remain important regardless of the economic backdrop. That gives the company a more stable earnings base than many discretionary retailers.

Together with Woolworths' scale, brand, and supply chain strength, this makes it a dependable name for income-focused investors.

The post 5 ASX dividend stocks for passive income investors appeared first on The Motley Fool Australia.

The S&P/ASX 200 Index (ASX: XJO) rose 0.86% amid volatile trading to 8,731.7 points by Friday's close.

There was a strong 1.62% rally on Friday on fresh hopes of an imminent deal between the US and Iran.

Meanwhile, softer-than-expected inflation data on Wednesday quelled fears of further interest rate hikes ahead.

Annual headline inflation fell to 4.2% in April, down from 4.6% in March, according to the Australian Bureau of Statistics.

That's why consumer discretionary shares outperformed their peers last week.

Let's take a look at some individual stock price movements.

Consumer discretionary shares led the ASX sectors last week

The Wesfarmers Ltd (ASX: WES) share price lifted 6.84% over the week to finish at $79.79.

The Lottery Corporation Ltd (ASX: TLC) share price rose 4.43% to $5.42.

The Light & Wonder Inc (ASX: LNW) share price ascended 1.68% to $116.73.

JB Hi-Fi Ltd (ASX: JBH) shares rose by 2.45% to finish the week at $74.49.

Shares in furniture retailer Harvey Norman Holdings Ltd (ASX: HVN) lifted 5.01% to $4.61.

Super Retail Group Ltd (ASX: SUL) shares rose 5.77% to $11.73 apiece.

Lovisa Holdings Ltd (ASX: LOV) shares increased 6.08% to close at $23.22.

ASX 200 travel stock Flight Centre Travel Group Ltd (ASX: FLT) ripped 9.08% to $10.93 per share.

Shares in Premier Investments Limited (ASX: PMV) zoomed 7% higher to $12.53.

Some ASX 200 retail shares did not follow the broader sector trend last week.

Eagers Automotive Ltd (ASX: APE) shares fell 2.61% to $20.89 apiece.

The Guzman Y Gomez Ltd (ASX: GYG) share price eased 0.76% to $19.66.

Shares in gaming technology company Aristocrat Leisure Ltd (ASX: ALL) dipped 0.63% to $50.10.

The Breville Group Ltd (ASX: BRG) share price moderated 0.21% to $28.94.

ASX 200 market sector snapshot

Here's how the 11 market sectors stacked up last week, according to CommSec data.

Over the five trading days:

The post Why did ASX 200 retail shares lead the market last week? appeared first on The Motley Fool Australia.

This tough bookend to the week's trading for ASX investors follows a sobering session on the American markets overnight.

The Dow Jones Industrial Average Index (DJX: .DJI) couldn't keep its early rise and closed down 0.63%.

Things were a little tamer on the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC), though, which fell 0.13%.

But let's get back to the local markets now to take a look at what was happening amongst the various ASX sectors this Friday.

Winners and losers

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

The ASX retail stock and owner of the Super Cheap Auto, Macpac, Rebel, and BCF brands had a dramatic day indeed on Thursday. The preceding day, investors were greeted with the news that the company had released a trading update after the markets had closed.

This trading update didn't contain a lot of positive news. It revealed that the company's group like-for-like sales growth came in at 0.4% for the first 18 weeks of its second half of FY 2026. Total sales growth for the same period was 1.9%, and 3.3% for the first 44 weeks of FY 2026.

Super Retail also told investors that sales momentum had been severely impacted by "inflationary pressures, including higher fuel prices and rising interest rates, together with concerns around fuel availability". The impact of this was felt particularly hard over the Easter weekend.

As a result of this update, Super Retail stock fell dramatically on Thursday morning, dipping more than 13.5% and hitting a new 52-week low of $10.08 a share at market open.

That pessimism didn't last long though, and Super Retail ended up finishing the day down just 2.9% yesterday. Today, much is forgiven, with the company rebounding a healthy 2.3% at the time of writing to $11.58 a share.

Despite this recovery, Super Retail stock has had a rough time of it lately. The company remains down 14% or so over the past 12 months, down 26.8% in 2026 to date, and down almost 40% from the highs of September last year.

Perhaps this miserly performance has a silver lining, though. At current prices, Super Retail stock is trading on a trailing dividend yield of 5.7%.

Is Super Retail stock worth the 5.7% dividend yield right now?

That yield is obviously a pretty compelling proposition for income investors today. However, I don't think it's a screaming buy. Super Retail, as a consumer discretionary stock, is vulnerable to what's going on in the wider economy. With petrol prices still elevated and with interest rates rising, the company is clearly under strain at the moment.

Unfortunately for Super Retail, the reality is that when times are tough, people tend to cut back on exactly the kinds of products that this company sells – camping and fishing gear, sporting apparel, and automotive products.

As such, I wouldn't be surprised to see a dividend cut when the company reveals its final dividend for 2026 later this year.

Saying that, there is still the potential for Super Retail to be a significant source of income for dividend investors. I would still be happy to have this stock as a part of a diversified income-focused portfolio if that were my primary investing goal. Even so, I think this high dividend yield indicates risk and is not a sure thing. As such, I wouldn't be betting the farm on it today.

The post 5.7% yield: Is Super Retail stock a buy for dividend investors? appeared first on The Motley Fool Australia.

The market has rallied on hopes of a US-Iran peace deal.

Meanwhile, Morgans has updated its ratings and price targets on three ASX shares.

Let's check them out.

Minerals 260 Ltd (ASX: MI6)

The Minerals 260 share price is 75 cents, down 1.7% today but up 474% over 12 months.

In a new note, Morgans said the gold miner had awarded a building contract for a 400-person accommodation village at Bullabulling.

The broker said this marks "a key step toward development" for the ASX mineral explorer.

Ongoing drilling continues to support resource growth, conversion and strike continuity, reinforcing confidence in the scale and quality of the system.

As a result, our confidence in Bullabulling's commerciality strengthens and update our model to reflect a larger-scale operation …

We maintain our BUY rating and lift our price target to A$1.40ps (from A$1.20ps), driven by the increased scale and improved production profile under our revised development scenario.

Atlas Arteria Ltd (ASX: ALX)

The Atlas Arteria share price is $4.79, down 0.6% today but up 13% over the past month.

The recent gain is due to a hostile takeover bid from IFM Investors.

Atlas Arteria's independent directors have recommended that shareholders reject the offer of $4.75 per share.

Morgans moved from a trim to a hold rating this week. It has a share price target of $4.22 on the toll roads operator.

The broker said:

ALX recommended its investors ignore IFM's hostile off-market takeover bid, citing the offer price as too low, the timing opportunistic, and the offer highly conditional. It also disclosed it initiated a sale process for its interest in Chicago Skyway which, if successful, could be value accretive (at least to our valuation).

While the Chicago Skyway divestment process is underway we moderate our rating from TRIM to HOLD given potential for value realisation above what we consider to be the intrinsic value of the asset and hence driving our ALX valuation up close to where the share price is currently trading.

Super Retail Group Ltd (ASX: SUL)

The Super Retail share price is $11.20, down 4% today and down 16.4% over 12 months.

Morgans released a note today maintaining its hold rating on this ASX retail share. Its price target is $12.90.

The broker said:

SUL delivered a softer trading update, with all divisions seeing a deceleration in LFL sales through Mar/Apr (group LFL -2%) and group gross margin compression.

Weaker consumer sentiment from inflationary pressures (fuel and rates) weighed over the key Easter period as the promotional environment remains intense.

Limited earnings visibility and a challenging backdrop persist, with capital management initiatives unlikely to feature in FY26.

The post Buy, hold, or sell? Minerals 260, Atlas Arteria, Super Retail shares appeared first on The Motley Fool Australia.

Four ASX shares that have failed to follow the market higher today are listed below. Here's why they are falling:

Light & Wonder Inc (ASX: LNW)

The Light & Wonder share price is down 9% to $101.82. Investors have been selling the gaming technology company's shares following the release of a mixed quarterly update. Light & Wonder reported a 2% increase in revenue to US$790 million for the quarter. In addition, consolidated adjusted EBITDA rose 5% to US$327 million. However, on a reported basis, net income fell 37% to US$52 million. This is largely due to approximately US$50 million in legal reserve contingencies associated with legacy legal matters.

Super Retail Group Ltd (ASX: SUL)

The Super Retail share price is down 3.5% to $11.27. This follows the release of a trading update from the retailer. Super Retail revealed that group like-for-like sales are currently up 0.4% during the second half. It also warned that it is being impacted by higher fuel prices and rising interest rates. It said: "Sales momentum across all four brands was adversely affected by the onset of the Middle East conflict. Inflationary pressures, including higher fuel prices and rising interest rates, together with concerns around fuel availability weighed on consumer sentiment, with the impact most pronounced over the key Easter trading period."

Tabcorp Holdings Ltd (ASX: TAH)

The Tabcorp share price is down 20% to 91.7 cents. This has been driven by news that the gambling company has become the subject of an AUSTRAC enforcement investigation. Tabcorp advised that this relates to anti-money laundering and counter-terrorism financing (AML/CTF) compliance. AUSTRAC has stated that the investigation is at an early stage and its approach will be determined once sufficient evidence has been collected and assessed. In response, Tabcorp's CEO, Gillon McLachlan, said: "I am committed to leading a compliant and safe company that understands its risk obligations. Uplifting our risk capability has been an ongoing part of the Company's transformation and we will work constructively with AUSTRAC through this process."

Woodside Energy Group Ltd (ASX: WDS)

The Woodside Energy share price is down 4% to $30.52. Investors have been selling Woodside and other ASX energy shares today after the US and Iran appeared to make progress with peace talks. This led to oil prices tumbling deep into the red overnight.

The post Why Light & Wonder, Super Retail, Tabcorp, and Woodside shares are falling today appeared first on The Motley Fool Australia.

At the time of writing, the ASX 200 stock is down 13% to a 52-week low of $10.08.

Why are Super Retail shares crashing?

Investors have been selling the retailer's shares this morning following the release of a trading update after the market close on Wednesday.

Investors appear to be reacting to softer trading momentum across the group and a lift in expected corporate costs.

According to the update, group like-for-like sales growth was just 0.4% for the first 18 weeks of the second half. Total sales growth for the same period was 1.9%.

Management revealed that sales momentum across all four brands was impacted by the onset of the Middle East conflict, with inflationary pressures, higher fuel prices, rising interest rates, and concerns around fuel availability weighing on consumer sentiment.

The impact was most pronounced over the key Easter trading period.

BCF hit hardest

The weakest performer in the second half has been the BCF brand, which reported a 3.3% decline in like-for-like sales for the half to date.

Management said BCF was the brand most affected by elevated fuel prices and fuel supply constraints, particularly in regional areas.

This reduced customer participation in outdoor activities during the Easter and school holiday period.

The ASX 200 stock also noted that trading was hurt by the unfavourable calendar caused by the separation of Easter and Anzac Day.

Mixed performance across other brands

Supercheap Auto delivered like-for-like sales growth of 1.6% for the second half to date, but management noted that trading conditions in the auto category moderated through March and April.

Discretionary categories such as power tools were weaker, though this was partly offset by increased demand in fuel-related and DIY categories.

The Rebel brand posted 1.4% like-for-like sales growth and gained market share despite weaker category sales through March and April.

Finally, Macpac recorded 2.5% like-for-like growth, but its momentum was also affected by reduced outdoor activity in March and April as it prepared for the key winter trading period.

Margins and costs

Also weighing on the ASX 200 stock on Thursday is news of margin pressure.

Super Retail advised that group gross margin for the second half to date is modestly below the prior comparable period.

In addition, total group and unallocated costs for FY 2026 are now expected to be $66 million, up from the previous estimate of $60 million.

This includes project costs related to the transition to a new Victorian distribution centre and implementation of a new HR Core and Payroll system.

The post Why are Super Retail shares crashing 13% today? appeared first on The Motley Fool Australia.

Will the market be able to build on this on Thursday? Here are five things to watch:

ASX 200 expected to jump

The Australian share market looks set for a good session on Thursday following a strong night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 105 points or 1.2% higher this morning. In the United States, the Dow Jones was up 1.25%, the S&P 500 rose 1.45%, and the Nasdaq jumped 2%.

Buy Life360 shares

Life360 Inc. (ASX: 360) shares could be a strong buy according to Bell Potter. This morning, the broker has retained its buy rating and $35.50 price target on the location technology company's shares. It said: "Life360 will report its 1Q2026 result next Tuesday, 12th May and we expect the company to meet if not slightly exceed its flagged expectations for the quarter of y-o-y MAU growth <20%, adjusted EBITDA margin in the "low double digits", device revenue down 50% on pcp and a negative hardware GM."

Oil prices sink

ASX 200 energy shares including Woodside Energy Group Ltd (ASX: WDS) and Santos Ltd (ASX: STO) could have a poor session on Thursday after oil prices sank overnight. According to Bloomberg, the WTI crude oil price is down 6.8% to US$95.30 a barrel and the Brent crude oil price is down 7.7% to US$101.41 a barrel. This was driven by optimism that a peace deal will soon be signed by the US and Iran.

Super Retail update

Super Retail Group Ltd (ASX: SUL) shares will be on watch on Thursday after the retailer released a trading update. Super Retail revealed that group like-for-like sales are currently up 0.4% during the second half. It said: "Sales momentum across all four brands was adversely affected by the onset of the Middle East conflict. Inflationary pressures, including higher fuel prices and rising interest rates, together with concerns around fuel availability weighed on consumer sentiment, with the impact most pronounced over the key Easter trading period."

Gold price storms higher

ASX 200 gold shares Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) could have a good session on Thursday after the gold price stormed higher overnight. According to CNBC, the gold futures price is up 3.1% to US$4,708.3 an ounce. Speculation that a US-Iran peace deal is coming was behind the move. Peace could mean lower fuel prices, which could limit inflation and rate hikes.

The post 5 things to watch on the ASX 200 on Thursday appeared first on The Motley Fool Australia.

What did Super Retail Group report?

• Like-for-like sales grew 0.4% for the first 44 weeks of H2 FY26
• Total group sales rose 3.3% for weeks 1 to 44 FY26
• Supercheap Auto total sales up 4.3%; Macpac sales up 8.9% year to date
• rebel's total sales up 4.0%; BCF sales flat at -0.3%
• Group gross margin is modestly below the same period last year
• Group & Unallocated costs for FY26 expected at $66 million, up from previous $60 million estimate

What else do investors need to know?

Trading conditions across all brands were affected by the Middle East conflict and economic headwinds like higher fuel prices and rising interest rates. These factors led to subdued consumer sentiment, especially during the important Easter retail period.

Supercheap Auto and rebel both increased their market share. Interest in auto maintenance, DIY parts, men's sportswear, recovery gear, and football supported sales. However, discretionary spending declined, impacting categories like power tools, performance footwear, and high-value sporting equipment.

Super Retail invested around $30 million in extra working capital to secure inventory ahead of price increases, especially for Supercheap Auto, and to ensure supply for regional areas.

What's next for Super Retail Group?

The company is pressing ahead with the opening of its new Victorian distribution centre and rolling out a new HR Core & Payroll system. Both initiatives are tracking to plan this half, though the early start of these projects contributed to the higher cost outlook for FY26.

Macpac is preparing for its peak winter season, with a focus on managing inventory carefully. Across the group, investments in supply chain and systems aim to position Super Retail Group to navigate current economic challenges and support future growth.

Super Retail Group share price snapshot

Over the past 12 months, Super Retail shares have declined 12%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 8% over the same period.

View Original Announcement

The post Super Retail Group provides a trading update appeared first on The Motley Fool Australia.

The US and Iran launched missile strikes against each other in the Strait of Hormuz overnight as the US tried to restore shipping.

Meanwhile, the Reserve Bank of Australia (RBA) raised interest rates for a third consecutive time to 4.35% today due to rising inflation.

In a statement, the RBA said:

Inflation picked up materially in the second half of 2025, and information since the beginning of this year confirms that some of this increase reflected greater capacity pressures.

In addition, the conflict in the Middle East has resulted in sharply higher fuel and related commodity prices, which are already adding to inflation.

There are early signs that many firms experiencing cost pressures are looking to increase prices of their goods and services.

The Brent crude oil price hit a four-year high earlier today as the market becomes increasingly pessimistic that the war will end soon.

Economists are warning that oil shocks have a long-tail economic impact, and the RBA appears acutely aware of the upside risk to CPI.

Today, four of the 11 market sectors finished in the red, with energy in the lead, up 0.89%, while financials lagged, down 0.5%.

Scores of ASX 200 shares hit fresh 52-week lows today.

They included former market darling CSL Ltd (ASX: CSL) and retail stalwart Wesfarmers Ltd (ASX: WES) shares.

Let's take a look.

CSL Ltd (ASX: CSL)

The CSL share price hit a 9-year low of $122.48 today.

The ASX 200 healthcare giant has lost half its value over the past 12 months.

Company issues have compounded the impact of a broader ASX 200 healthcare sector rout due to many global headwinds.

Wesfarmers Ltd (ASX: WES)

The Wesfarmers share price reached a 52-week low of $71.31 today.

The market's largest ASX 200 consumer discretionary share is down 9% over 12 months.

Consumer sentiment is crumbling in Australia today.

Last month, the consumer sentiment index recorded its biggest fall since the beginning of the pandemic five years ago.

Amcor Ltd (ASX: AMC)

The Amcor share price hit a 12-year low of $51.42 today, and is down 28% over 12 months.

Endeavour Group Ltd (ASX: EDV)

The Endeavour share price fell to a record low of $3.13 today, and is down 22% over 12 months.

Harvey Norman Holdings Ltd (ASX: HVN)

The Harvey Norman share price hit a 52-week low of $4.39 today.

Stock in the ASX 200 furniture retailer has tumbled 15% over 12 months.

Ansell Ltd (ASX: ANN)

The Ansell share price dropped to a 2-year low of $25.35 today, and is down 18% over 12 months.

Super Retail Group Ltd (ASX: SUL)

The Super Retail share price hit a 3-year low of $11.47 on Tuesday, and is down 12% over 12 months.

Austal Ltd (ASX: ASB)

Austal shares fell to a 52-week low of $4.01 today.

The ASX 200 industrial share has fallen 21% over 12 months.

ARB Corporation Ltd (ASX: ARB)

The ARB Corporation share price hit a 52-week low of $17.89 today, and is down 43% over 12 months.

Nick Scali Ltd (ASX: NCK)

The Nick Scali share price hit a 52-week low of $14.03, and has cooled 18% over 12 months.

Temple & Webster Group Ltd (ASX: TPW)

The Temple & Webster share price hit a 2-and-a-half-year low of $5.29 today.

This ASX 200 retail share has lost 69% of its market capitalisation in 12 months.

Inghams Group Ltd (ASX: ING)

The Inghams share price descended to a 52-week low of $1.71 today.

The ASX 200 consumer staples share has fallen 51% over 12 months.

Centuria Office REIT (ASX: COF)

Centuria shares dipped to a 52-week low of 92 cents today.

The ASX 200 real estate investment trust (REIT) has decreased 26% over 12 months.

Accent Group Ltd (ASX: AX1)

Accent shares hit a 13-year low of 51 cents, and are down 72% over 12 months.

Adairs Ltd (ASX: ADH)

The Adairs share price hit a 52-week low of $1.25, and is down 51% over 12 months.

The post CSL and Wesfarmers among scores of ASX shares hitting fresh 52-week lows appeared first on The Motley Fool Australia.

Harvey Norman Holdings Ltd (ASX: HVN), Life360 Inc (ASX: 360), and Super Retail Group Ltd (ASX: SUL) are three ASX 200 shares that have dropped to a 52-week low recently.

Here's a rundown of what has pushed their share prices lower, and what we can expect next.

The ASX 200 shares to buy

Harvey Norman shares hit a fresh 52-week low of $4.66 on Tuesday lunchtime. The share price also dropped over 12% in February alone and has continued to tumble another 13% through March. The trend has continued through the first two weeks of April, too.

It looks like investors quickly took their profits off the table in late February after Harvey Norman shares enjoyed a strong rally through late 2025.

But the retail giant has faced strong headwinds over the past year on the back of renewed concerns about rising inflation and how that will impact consumer spending. Tighter household budgets mean Australians are spending less on discretionary items this year.

Market Index data shows that brokers now think the shares are below fair value. They rate the ASX 200 stock as a buy with an average target price of $6.29. That implies a potential 35.2% upside at the time of writing.

Another beaten-down ASX 200 stock that brokers are even more positive about is Life360. The US-based software development company's shares fell to a 52-week low of $17.91 at the close of the ASX on Monday afternoon. 

The shares have rebounded today, climbing 4.4% to $18.70 at the time of writing, but they're still 42.4% lower year to date and over 66% lower since the stock peaked at an all-time high of $55.87 in October last year. 

The ASX 200 stock has suffered a volatile few months after it was caught up in the tech-sector-wide sell-off. This was driven by a growing fear that companies' core services could be replaced by AI. At the same time, there was concern that tech sector share prices, including Life360, had become overinflated.

But brokers are very bullish that the share price could start soaring higher. They have a strong buy consensus rating with the potential to climb 91.5% to $35.78, at the time of writing.

And one to hold

Just because an ASX 200 stock has fallen to a 52-week low, it doesn't necessarily mean it's below fair value.

For example, Super Retail Group shares closed at a one-year low of $12.50 when the bell sounded on the ASX on Monday afternoon. While the shares have climbed 1.5% at the time of writing today, to $12.69, they're still down nearly 20% for the year to date.

The share price has tumbled since August last year, off the back of declining revenue figures, tighter margins, and rising operating costs. Higher inflation is also dampening consumer spending, which affects the company's margins.

While the shares have tumbled, brokers are hesitant about what to expect next. Market Index indicates brokers have a hold rating on the ASX 200 stock with a $16.44 target price. However, that still implies a 30% upside at the time of writing.

The post These 3 ASX 200 stocks hit a 52-week low: Buy, sell or hold? appeared first on The Motley Fool Australia.

For me, the focus isn't just on yield. It's about building a mix of businesses and investments that can generate income today, while also giving that income the chance to grow over time.

Here's how I'd approach it.

Macquarie Group Ltd (ASX: MQG)

I think Macquarie Group could play an important role in an income portfolio.

Macquarie has a strong track record of growing earnings and dividends over time, supported by its global operations across asset management, banking, and infrastructure.

Its dividend yield may not be the highest on the ASX, but it has shown an ability to increase its payout over the long term.

For me, this is about planting the seeds for future income growth.

Super Retail Group Ltd (ASX: SUL)

Super Retail brings a different type of exposure. It operates well-known brands across automotive, sports, and outdoor retail, and has a history of paying solid dividends when conditions are supportive.

Retail can be cyclical, which is something to be aware of.

But with strong brands (BCF, Macpac, Rebel, and Supercheap Auto) and a loyal customer base, Super Retail has demonstrated that it can generate meaningful cash flow across the cycle.

I think that could make it an interesting ASX dividend share for an income portfolio.

Vanguard Australian Shares High Yield ETF (ASX: VHY)

The Vanguard Australian Shares High Yield ETF is one of the simplest ways to access dividend income.

It provides exposure to a diversified portfolio of high-yielding Australian shares, including banks, miners, and other income-focused businesses.

What I like is that it spreads your risk. Instead of relying on a handful of stocks, you're getting income from a broad basket of companies.

That can help smooth out returns over time.

Flight Centre Travel Group Ltd (ASX: FLT)

I think Flight Centre has a place in an income portfolio.

As a travel business, its earnings can be more volatile. However, when conditions are strong, it has the potential to generate significant profits and return capital to shareholders.

And with its shares down meaningfully from their highs, the potential dividend yield on offer now is much more attractive than it was a year ago.

For example, according to CommSec, the consensus estimate is for fully franked dividends so 49.3 cents per share in FY26 and then 57 cents per share in FY27. This represents dividend yields of 4.3% and 4.95%.

Magellan Infrastructure Fund (ASX: MICH)

Lastly, the Magellan Infrastructure Fund helps round things out. It provides exposure to global infrastructure assets, which typically generate stable and predictable cash flows.

That can translate into more consistent income for investors.

It also adds diversification, which I think is important when building any portfolio.

Foolish takeaway

Investing $10,000 in ASX dividend shares isn't about chasing the highest yield.

For me, it's about combining quality, diversification, and growth potential.

Macquarie adds long-term dividend growth, Super Retail offers retail-driven income, the VHY ETF provides broad exposure, Flight Centre is a recovery play, and Magellan Infrastructure adds diversification.

Together, they show how a mix of different income sources can help build a stronger portfolio over time.

The post How to invest $10,000 in ASX dividend shares in 2026 appeared first on The Motley Fool Australia.